by Dominic Pazzula | Oct 28, 2019 | Private Capital Forecasting
FRG, partnered with Preqin, has developed a system for simulating cash flows for private capital investments (PCF). PCF allows the analyst to change assumptions about future economic scenarios and investigate the changes in the output cash flows. This post will pick...
by Samantha Zerger | Oct 15, 2019 | CECL
The Board of Governors of the Federal Reserve System’s SR 11-7 supervisory guidance (2011) provides an effective model risk management framework for financial institutions (FI’s). SR 11-7 covers everything from the definition of a model to the robust...
by Samantha Zerger | Sep 16, 2019 | Business Analytics
This is the fifth post in an occasional series about the importance of technical communication in the workplace. “Work organisations are not only using and applying knowledge produced in the university but they are also producing, transforming, and managing knowledge...
by Samantha Zerger | Aug 16, 2019 | CECL
The CECL Standard requires more than just another update in the calculation of a financial institution’s (FI’s) allowance for credit losses; the new standard also pushes institutions to be more involved in the entire allowance process, especially on the...
by Samantha Zerger | Jun 4, 2019 | Business Analytics
This is the fourth post in an occasional series about the importance of technical communication in the workplace. Daily teamwork is an essential part of technical workplace success. Strong technical communication and collaboration skills are necessary to be an active...
by Samantha Zerger | Apr 26, 2019 | Business Analytics
This is the third post in an occasional series about the importance of technical communication in the workplace. The ability to speak and portray yourself professionally, efficiently, and effectively are the most important business skills any person can have other...
by Samantha Zerger | Apr 2, 2019 | Business Analytics
This is the second post in an occasional series about the importance of technical communication in the workplace. According to The Radicati Group, Inc., based on a worldwide study in 2015, the number of business emails sent and received per user, per day totals 122,...
by Jonathan Leonardelli, FRM | Mar 25, 2019 | CECL
I would argue that a critical step in getting ready for CECL is to review the vintage curves of the segments that have been identified. Not only do the resulting graphs provide useful information but the process itself also requires thought on how to prepare the data....
by Jonathan Leonardelli, FRM | Mar 18, 2019 | CECL
Paragraph 326-20-30-3 of the Financial Accounting Standards Board (FASB) standards update[1] states: “The allowance for credit losses may be determined using various methods”. I’m not sure if any statement, other than “We need to talk”, can be as fear inducing. Why is...
by Jonathan Leonardelli, FRM | Mar 11, 2019 | CECL
I don’t know about you, but I find caterpillars to be a bit creepy[1]. On the other hand, I find butterflies to be beautiful[2]. Oddly enough, this aligns to my views on the different stages of data in relation to model development. As a financial institution (FI)...
